Handyman Insurance Tips

| Business Insurance, Insurance education.

handyman insurance tips

Working as a handyman requires a wide variety of skills. From plumbing and electrical work to carpentry and drywall repairs, a handyman can do it all. Protecting your business requires the assistance of knowledgeable insurance partner, such as the professionals at Safeguard Insurance. Here are some helpful handyman insurance tips to make sure you have the right coverage for your business:

General Liability

General liability is the foundation of any business insurance program. It protects you from bodily injury and property damage claims that are the result of negligence in your operations or completed work.

For example, you forget to properly tighten a plumbing fitting while installing a faucet. Several days after you complete the work, the customer discovers a leak that has damaged the cabinetry. General liability would pay for the cost to repair or replace the damaged cabinetry.

Handyman Insurance Tip

Not all general liability policies are created equal. Look for a policy with enhanced property damage coverage such as “voluntary property damage” or “off-premises care, custody, control”. This pro

Related Content: The Damage to Property Conundrum

Commercial Auto Insurance

There is a difference between personal auto insurance and commercial auto insurance – and we don’t mean just the price. Your personal auto insurance policy may exclude business use, including the hauling of tools and materials to various job locations.

Handyman Insurance Tip

Consider a commercial auto policy if you are hauling materials, tools, and other supplies to job sites. Yes, the policy will be more expensive than a personal insurance policy, but an uncovered claim is likely to be much more expensive still.

Related Content: When is Commercial Auto Insurance the Right Choice?

Workers Compensation

If you have employees, workers compensation is required by law in nearly every US state. Do not make the mistake of calling your workers “independent contractors” and assuming that makes you exempt from workers compensation requirements.

Handyman Insurance Tip

If you have workers you need workers compensation. Ignoring this fact can get you in some hot water including fines and penalties. Shop around for the best pricing on workers compensation and consider a payroll reporting policy to ease the strain on your cash flow.

Work With a Professional Agent

This might be the best tip of all. When shopping for handyman insurance, work with a local agent that knows the best programs and insurance carriers in your area.

At Safeguard Insurance, we have provided affordable handyman insurance for 20 years to businesses in Nevada, Arizona, California, Utah, Idaho, Oregon, and Washington. We work with several A-rated providers of handyman insurance including Liberty Mutual and Acuity.

Contact us today for a no-obligation quote

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